DALLAS, June 7, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring FuelCell Energy Inc. (Nasdaq:FCEL). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/FCEL
FuelCell Energy Inc. (FCEL) is engaged in the development and manufacturing of fuel cell power plants for electric power generation. The Company's products have generated more than 260 million-kilowatt-hours of electricity and are operating at over 50 locations around the world. The fuel cell products Direct FuelCell or DFC Power Plants offer stationary power generation applications for customers. In addition to the commercial products, the Company develops next generation of carbonate fuel cell and planar solid oxide fuel cell (SOFC) technology. The carbonate DFC power plants electrochemically (without combustion) produce electricity directly from hydrocarbon fuels, such as natural gas and biogas fuels. The Company's customers include manufacturers, mission critical institutions, breweries, food processors and wastewater treatment facilities.
Message Board Search for FCEL: http://www.boardcentral.com/boards/FCEL
In the report, the analyst notes:
"FCEL reported total revenues for the first quarter of 2010 of $14.6 million compared to $21.7 million in the same period last year. Product sales and revenues in the first quarter were $12.8 million compared to $19.0 million in the prior year quarter. Product mix was primarily sales of stack modules to POSCO Power, FCEL's manufacturing and distribution partner in South Korea compared to complete power plants in the prior year quarter resulting in lower overall product revenue.
"FCEL recently announced that Pacific Gas and Electric Company (PG&E) has ordered two 1.4 Megawatt DFC1500 fuel cell power plants to install as utility-owned fuel cells on the campuses of California State University East Bay – Hayward Hills (CSU – East Bay) and San Francisco State University (SFSU)."
To read the entire report visit: www.microstockprofit.com/lp/FCEL
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